Yahoo Finance quoting DataTrek’s Jessica Rabe:
…. “The market got off easy in September, with another rate cut by the Federal Reserve helping to temper concerns about the U.S.-China trade war,” Jessica Rabe, co-founder of DataTrek research, wrote in a note Tuesday. “That said, October is notoriously the most volatile month of the year.”
The VIX – the so-called “fear gauge” measuring volatility in the market – has hit annual highs five times in October since its creation in 1990, Rabe said, tying it with August for the greatest number of VIX peaks versus other months”….
Read the full article here on Yahoo Finance!